Abcourt Mines Inc V.ABI

2012-bullboard-2021

[fbedard29]

Couldn't sleep so i sat infront of screen and had the idea to read sept-dec 2012 bullboard posts.
I realized that i was reading the same post types and concerns that ABI faces today.

Theoldmariner was very positive on ABI properties value but had concerns about management.
Geckomeister was very positive and had great hope in ABI future.
Jameske was also posting.
I had forgotten that i was also posting with faith in ABI.

The share price was 0.085-010c . The Mcap was around $20m and +- 210m shares outstanding and concerns of future dilution.
There was concerns about Mr Hinse delivering on time and his age and compensation.
There were concerns about family board members.
The Elder mine was close to starting production after a few year of delays(if the quotes are correct).and the target was to produce 25k oz per year at 6gr.
Everybody were expecting for 0.20c to 0.50c share price.
Gold price was around $1600us 
Aisc target was $800 .

Now today most comments from 2012 are still expressed today.
ABI is trying to get Elder production to 20k oz .
After the aquisition of Sleeping Giant ABI is starting production of a mine(Sleeping Giant).
ABI is still waiting for the right time and funding to restart Abcourt Barvue.
Today Mcap is $26m(only $6 m more than in 2012) and we have a profitable producing mine(Elder) and acquired Sleeping Giant mine and other properties(Discovery,Flordin).

Either i post in 2031 with the same concerns and Mcap again or
today is the day to go all in for those that are not already all in.
Difference today is that we have a mill at SG  that can process 2 mines(Elder and SG) mineral at a profit that will provide or make it possible to fund the opening of Abcourt Barvue open pit mine.
Difference today compared to 2012 is that for $6m Mcap extra we have a mill and a mine(SG) ready to add to Elder hope of 2012.
I also noticed that even in 2012 i was posting under the influence of alcool.

Have a good weekend
Fernand

[bazbuz]

   Abcourt StockHouse BB posts only go back to 2020...Otherwise fbedard, in  2012  you would have found supportive posts for OMH from moi, bazbuz...Your undying allegiance and trust you hold for OMH today, can be compared to  a battered wife syndrome. Somone  who is sometimes  willing to ignore the obvious abuses received,  in order to hold on to that dream

[fbedard29]

Sorry bazbuz i didn't mention you from 2012 because you did not post on ABI in 2012 . You replied to a post  in 2008 jan4  that was supportive. Your next post on ABI was in 2018 fev 15 .and was negative . Abcourt post doesn't only go back to 2020. Here is how i got to 2012 posts. I was reading the last post from Gechomeister and clicked on his poster id and ended up with all post

[bazbuz]

fbedard thanks for at least acknowledging and verifyng  that my concerns are genuine and honest...                                                                                   

[tannin]

great research Fernand. I admire Renaud for what he's accomplished, but progress requires capital and ABI has little of that. At under a dime, issuing shares is out. A takeover offer is unlikely, but oh so welcome....or a senior well capitalized partner.....neither going to happen with ' Hinse family and friends' holding so many shares.....yes, it sure is a value trap, and has been, as